Muleshoe Heritage Foundation Inc
- Assets
- $905.4k
- Revenue
- $78.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Muleshoe, TX
- Founding
- 03/1985
- Data as of
- 07/2023
- EIN
- 75-2001541
Organization Overview
Muleshoe Heritage Foundation Inc is located in Muleshoe, TX. The organization was established in 1985. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, Muleshoe Heritage Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muleshoe Heritage Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Muleshoe Heritage Foundation Inc generated $78.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $82.6k during the year ending 07/2023. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTIONS OF HISTORICAL & EDUCATIONAL ACTIVITIES FOR CITIZENS OF THIS AREA - 7500 CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF HISTORICAL AND EDUCATIONAL ACTIVITIES FOR CITIZENS OF THE AREA. 7500 CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Miller President | OfficerTrustee | 10 | $0 |
Sheila Stevenson Vice-President | OfficerTrustee | 5 | $0 |
Ann Johnson Secretary | OfficerTrustee | 5 | $0 |
Rhonda Myers Treasurer | OfficerTrustee | 5 | $0 |
Chris Mardis Director | Trustee | 5 | $0 |
Gina Mardis Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,876 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $380 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,782 |
| Total Program Service Revenue | $23,175 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $490 |
| Office expenses | $282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,504 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,802 |
| All other expenses | $571 |
| Total functional expenses | $82,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $543 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $740,620 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153,047 |
| Total assets | $905,378 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,500 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $120 |
| Total liabilities | $2,620 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $902,758 |
| Total liabilities and net assets/fund balances | $905,378 |